The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Stebbings: Getir Is Raising Capital at 25% of Its Prior Valuation
“Getty is raising it, you know, 25% of their last round.”
Salur: International investors refused Getir until Mike Moritz backed them
“Worldwide, we talked to many investors, and until Mike Morris invested in us, the others weren't brave enough to put their money in a Turkish business.”
Salur: Getir pioneered 10-minute instant delivery globally six years ago
“We are the first company in the world to come up with the idea six years ago.”
Salur: Getir will launch in NY, Chicago, and Boston by late 2021
“We start with three cities. Those are going to be New York, Chicago, and Boston. Before the end of the year, we'll be operational in all three, and then we'll take it from there.”
Salur: Mike Moritz personally invested in Getir before Sequoia Capital did
“He was the first to put, and he invested his own money. Sequoia came later”
Salur: Getir will defer private labels until growth normalizes
“But in the high growth era of this business, one shouldn't take his eye off the ball, and the ball is high growth. At least for the next few years. When growth normalizes, these things should come more into the picture then.”
Salur: Regional quick-commerce champions will emerge where Getir cannot expand
“So there's gonna be some regional champions here, because look, I can't do 200 countries within the next two years. It's not humanly possible. So there's gonna be some other companies doing some regions that we don't go.”
Salur: Over 20 companies are currently cloning Getir's 10-minute delivery model
“At the moment, there's more than 20 different companies cloning us, and every day we see some more adding to it”
Salur: Quick-commerce will consolidate to two or three players per city
“I don't think in one big city market, there'll be 10 players. There may be now, but in the long run, this is probably a two, three player game in each market.”
Salur: Getir targets 10-minute delivery compared to GoPuff's 30-minute model
“Their model is slightly different. They aim for about 30 minutes. We aim for 10 minutes.”
Salur: Getir builds courier break rooms first in every new warehouse
“First of all, when we do a warehouse, these small fulfillment centers, the first thing we do, we spare a room for the couriers to sit and have a cup of coffee or tea while they're not working, and the bathroom they're going to use. That's the first thing we bu…”